In other words...
News, Thoughts, and Insights.
BRIAN PATE – REALTOR®, Real Estate Instructor
[email protected]
919-669-4575
Brian Pate has been a well-respected real estate professional for 30 years. During his time in the business, he has served as an agent, manager, instructor, coach and trainer for over 20,000 real estate students. In addition, the teams he has managed and coached have produced over $2 billion in real estate sales under his leadership.
More Than 5,000 Active Listings On The Market In The Raleigh/Durham Area
For the first time in two years, there are more than 5,000 active listings on the market in the Raleigh/Durham area
My Friend Charles Johnson, Former NFL Wide Receiver
Charles Johnson Tribute from Brian Pate Please bear with me for this one as I leave the real estate discussion to discuss something on a personal note. On Sunday night, July 17, 2022, I received a call that would change my life. The call was from Pat Kennedy, the...
Harmful Effects of Changing the List Price
Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property every day.
How many Realtors are there?
I am often asked, “How many Realtors are there?” For many, it may seem like everyone has a real estate license and sells real estate “on the side.”
Material Facts Disclosures for Realtors in the Town of Wake Forest
Material Facts Disclosures for Realtors in the Town of Wake Forest Real Estate Agents selling a home as a listing agent or buyer agent must disclose items that affect a property, per rules and regulations set forth by the North Carolina Real Estate Commission and...
How much money do real estate agents make?
Whenever I speak to a person who has aspirations to be a real estate agent, one of the first questions always asked is, “How much money do real estate agents make?”
Triangle MLS Merges with Longleaf Pine MLS
In May of 2022, the Triangle MLS system merged with Longleaf Pine MLS to create a large multiple listing service that serves most of central North Carolina.
North Carolina Supreme Court Rules on Due Diligence Case
On June 17, 2022, the North Carolina Supreme Court issued a decision that affects real estate transactions using the Due Diligence Fee and it is important that Realtors are aware of the ruling.
Eight Pieces Of Wisdom That Can Change Your Life
Eight Pieces Of Wisdom That Can Change Your Life Words are powerful. Use them wisely. People come and go, but the right ones stay. You are doing enough even if it doesn’t feel like it. Failure is when you don’t try. Random acts of kindness make everyone feel better....
Homeowner Equity Gains
Homeowner equity gains in the United States averaged $64,000 during the twelve-month period from April 1, 2021 through March 31, 2022 according to Core Logic. The gain is the largest one-year gain in history. Equity is the current value of your home minus what you own...
Mobile Homes and Earnest Money Changes to OTP
Mobile Homes and Earnest Money changes to the OTP in North Carolina are just the tip of the iceberg for changes to forms on July 1, 2022. It is that time of year again where many forms are being updated by the North Carolina Association of Realtors. Licensees across...
Housing Starts Drop
Residential construction for May saw building permits drop -7.0% to 1.694 million nationally, while housing starts dropped by -14.4% to 1.549 million. Both numbers were significantly lower than market expectations for 1.785 million and 1.701 million, respectively....
Triangle MLS Stats for June 17, 2022
Here are the stats for the middle of the month in Triangle real estate based on MLS data. The total number of active listings is 3,670. That is up from a low on March 15, 2022 of 1,280 resulting in an increase of 286%. It is also the highest number of active listings...
Home Price Deceleration vs Depreciation
Have you ever tried to decipher all of the different terms that Realtors use? In an attempt to clarify the difference between “Price Deceleration” and “Price Depreciation,” I would like to talk about the current real estate market. To do this, I need to define a...
Time To Renew Your Privilege License
Jun 16, 2022 By Brian Pate For North Carolina real estate licensees, not only must you renew your real estate license and your firm license (if you have one), but it is also time to renew your privilege license. The tax is still $50.00 for the fiscal year starting on...
ANSI Square Footage Standards: What Agents and Appraisers Should Know
ANSI Square Footage Standards: What Agents and Appraisers Should Know June 15, 2022 By Brian Pate, Realtor As of April 1, 2022, Fannie Mae began requiring the American National Standards Institute (ANSI) standards for appraisals. This applies only to single family...
YEARS IN REAL ESTATE
NUMBER OF AGENTS IN NC BRIAN TEACHES PER YEAR
In Real Estate sales through teams Brian has managed
Featured Courses
General Update
4 hours of Update CE Credit for the 2022-2023 license year. Topics include: WWREA Disclosure, Racial Equity, Broker Fiduciary Duties, Laws and Rules updates and Licensing and Education Updates.
Broker-In-Charge Update
4 hours of Update CE Credit for the 2022-2023 license year. Topics include: WWREA Disclosure, Racial Equity, Broker Fiduciary Duties, BIC Best Practices Guide, Laws and Rules updates and Licensing and Education Updates.
Ethics Course
This course qualifies for 4 hours of continuing education credit from the North Carolina Real Estate Commission and qualifies for the 2.5 hours of Ethics training required by the National Association of Realtors.
Business Planning Clinic
Take your business to the next level in 2022. We'll study will study the difference between marketing, advertising and promotion. We will discuss financials, pros and cons of different business entities, and more.
Register Today. Who knows, you may even enjoy the class.
We laugh. Some cry. We learn.
